TRX Stock Chart & Stats
$1.23
<$0.01(0.49%)
At close: 4:00 PM EDT
$1.23
<$0.01(0.49%)
Day’s Range― - ―
52-Week Range$0.54 - $2.80
Previous CloseN/A
Volume785.60K
Average Volume (3M)3.23M
Market Cap
$321.54M
Enterprise Value$566.47M
Total Cash (Recent Filing)$37.07M
Total Debt (Recent Filing)$6.89M
Price to Earnings (P/E)―
Beta0.68
Next Earnings
Nov 27, 2026EPS Estimate
0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.09
Shares Outstanding328,325,160
10 Day Avg. Volume2,460,431
30 Day Avg. Volume3,232,595
Financial Highlights & Ratios
PEG Ratio-0.65
Price to Book (P/B)2.01
Price to Sales (P/S)1.97
P/FCF Ratio44.71
Enterprise Value/Market Cap1.76
Enterprise Value/Revenue3.56
Enterprise Value/Gross Profit6.12
Enterprise Value/Ebitda10.63
Forecast
1Y Price Target
$2.40Price Target Upside95.12% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.1
Revenue Forecast (FY)$123.04M
Bulls Say, Bears Say
Bulls Say
Improving Production And RecoveriesHigher throughput, production and metallurgical recovery demonstrate meaningful operational improvement and stronger asset productivity. These gains can support more consistent revenue and EBITDA generation while improving the economics of the company’s existing resource base over the next several quarters.
Funded Capacity ExpansionThe expansion targets substantially greater processing capacity and scale economies, creating a pathway for production growth beyond current levels. Because management says the program is funded primarily from cash flow with undrawn credit lines available, the investment is supported by financial flexibility.
Strong Liquidity And Low LeverageHealthy liquidity and available borrowing capacity give TRX room to fund expansion, absorb timing differences in capital spending, and continue operations without relying heavily on new debt. Combined with very low leverage, this provides a durable balance-sheet buffer as projects scale.
Bears Say
Recent Net Loss And Weak Earnings QualityThe sharp swing to a sizable trailing net loss indicates that operating progress has not yet translated into durable bottom-line profitability. Persistent below-the-line costs or other charges could constrain reinvestment capacity and reduce the quality and predictability of reported earnings.
Unresolved Tanzanian JV NegotiationsAn unresolved government partnership framework creates uncertainty around project structure, timing and the company’s ability to advance its Tanzanian assets as planned. Until negotiations conclude, strategic planning and the pace of development may remain less predictable over the coming months.
Expansion Execution And Ramp RiskNew milling capacity may come online faster than mining and ore supply can be expanded, leaving temporary excess processing capacity and underutilized assets. Delays or ramp problems could defer expected production growth, weaken near-term returns on capital, and increase execution pressure.
Tanzanian Royalty Exploration News
TRX FAQ
What was Tanzanian Royalty Exploration’s price range in the past 12 months?
Tanzanian Royalty Exploration lowest stock price was $0.54 and its highest was $2.80 in the past 12 months.
What is Tanzanian Royalty Exploration’s market cap?
Tanzanian Royalty Exploration’s market cap is $321.54M.
When is Tanzanian Royalty Exploration’s upcoming earnings report date?
Tanzanian Royalty Exploration’s upcoming earnings report date is Nov 27, 2026 which is in 41 days.
How were Tanzanian Royalty Exploration’s earnings last quarter?
Tanzanian Royalty Exploration released its earnings results on Jul 15, 2026. The company reported $0.015 earnings per share for the quarter, missing the consensus estimate of $0.034 by -$0.019.
Is Tanzanian Royalty Exploration overvalued?
According to Wall Street analysts Tanzanian Royalty Exploration’s price is currently Undervalued.
Does Tanzanian Royalty Exploration pay dividends?
Tanzanian Royalty Exploration does not currently pay dividends.
What is Tanzanian Royalty Exploration’s EPS estimate?
Tanzanian Royalty Exploration’s EPS estimate is 0.02.
How many shares outstanding does Tanzanian Royalty Exploration have?
Tanzanian Royalty Exploration has 328,325,160 shares outstanding.
What happened to Tanzanian Royalty Exploration’s price movement after its last earnings report?
Tanzanian Royalty Exploration reported an EPS of $0.015 in its last earnings report, missing expectations of $0.034. Following the earnings report the stock price went down -6.971%.
Which hedge fund is a major shareholder of Tanzanian Royalty Exploration?
Currently, no hedge funds are holding shares in TRX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Tanzanian Royalty Exploration Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$2.40 (95.12% Upside)
$2.40 (95.12% Upside)
Blogger Sentiment
Bullish
TRX Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 11.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.8%
Last 30 Days ▼ 5.1%
Last 30 Days ▼ 5.1%
Technicals
SMA
Negative
20 days / 200 days
Momentum
27.71%
12-Months-Change
Fundamentals
Return on Equity
-26.91%
Trailing 12-Months
Asset Growth
55.00%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Tanzanian Royalty Exploration
TRX Gold Corporation is engaged in the exploration, development, and production of mineral resources, operating exclusively within Tanzania. Its core asset is the Buckreef Gold Project, also situated in Tanzania. The company, originally established in 1990, rebranded from Tanzanian Gold Corporation to TRX Gold Corporation in May 2022. Its corporate headquarters are located in Oakville, Canada.
TRX Company Deck
TRX Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents strong operational and financial momentum: record quarterly throughput and production, materially improved recoveries, record quarterly adjusted EBITDA, healthy cash and working capital, an active exploration program with multiple targets and a funded expansion plan that should drive meaningful scale and NAV uplift. The primary negatives are external/market-related (weak share price and sector valuation compression, potential trading/market-making dynamics) plus standard execution and timing risks associated with a major mill expansion, government JV negotiations, and short-term elevated processing costs. On balance, operational and financial positives are substantial and addressable risks are manageable, supporting an overall constructive view.View all TRX earnings summariesTRX Stock 12 Month Forecast
Average Price Target
$2.40
▲(95.12% Upside)
Technical Analysis
Ownership Overview
2.43% Insiders
<0.01% Mutual Funds
0.05% Other Institutional Investors
94.03% Public Companies and
Individual Investors